166 Owen Street Unit 204, Barrie

Price: $415,900

1 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: S13564330

Welcome to this highly sought-after downtown condominium, perfectly situated within walking distance to the waterfront, restaurants, shops, and all the amenities of downtown living. Nestled among beautiful mature walnut trees, this quiet and serene setting offers the perfect balance of convenience and tranquility.This spacious one-bedroom unit has been recently updated and features a bright, functional layout. Enjoy your morning coffee or unwind in the evening on the private balcony overlooking the peaceful surroundings.Located in a well-maintained, intimate building, this is a rare opportunity to own a beautifully updated condo that includes the added bonus of two parking spaces-an exceptional feature in the downtown core. Whether you're a first-time buyer, downsizer, or investor, this is a property you won't want to miss.

166 Owen Street Unit 204 - Condo photo 1 of 18 in Barrie, Ontario
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$415,900 - 166 Owen Street Unit 204, Barrie

Condo for Sale in Barrie

40 days on market

Neighbourhood: Wellington

1Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
S13564330
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
1
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Barrie
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
SUTTON GROUP INCENTIVE REALTY INC.
Description

Welcome to this highly sought-after downtown condominium, perfectly situated within walking distance to the waterfront, restaurants, shops, and all the amenities of downtown living. Nestled among beautiful mature walnut trees, this quiet and serene setting offers the perfect balance of convenience and tranquility.This spacious one-bedroom unit has been recently updated and features a bright, functional layout. Enjoy your morning coffee or unwind in the evening on the private balcony overlooking the peaceful surroundings.Located in a well-maintained, intimate building, this is a rare opportunity to own a beautifully updated condo that includes the added bonus of two parking spaces-an exceptional feature in the downtown core. Whether you're a first-time buyer, downsizer, or investor, this is a property you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,133.78/mo

Includes CMHC insurance ($11,604)

$
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5%10%50%

5-yr fixed avg.

Principal: $374,310Interest: $254,221
Mortgage Amount$385,914
Total Interest$254,221
Est. Property Tax$295/mo
Total Cost$640,135

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Wellington

Discover Wellington

Wellington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Wellington

  • Convenient location in Barrie
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Wellington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

166 Owen Street Unit 204, Barrie

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,960/mo
Range: $1,666 - $2,254
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,960
Maintenance Fees-$650
Property Tax (est.)-$295
Insurance (est.)-$87
Net Cash Flow+$928

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $416/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About Wellington

I know Wellington well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    166 Owen Street Unit 204, Barrie | $415,900 | Battaglia Team